tlantic Syndication Network, Inc. (OTCBB: ASNI) Announces Network Television Shows on Major Cable Networks
ASNI has negotiated the purchase of weekly block time to launch and distribute television shows and infomercials on a number of cable channels such as Delphi, Comcast, AT&T, Time Warner and Cox. Phase Two will add in excess of 100 cities and approximately 20 million homes.
(PRWEB) January 28, 2005 -- ASNI has negotiated the purchase of weekly block time to launch and distribute existing television shows and infomercials and for the sale of additional media time to other producers and production companies. During Phase One of ASNI's upcoming network (working title ASNI.TV) the company is scheduled to be on the air 4 hours daily, 5 nights per week from 10PM to 2AM in Southern California. The initial launch (date to be announced)is scheduled on a number of cable channels such as Delphi, Comcast, AT&T, Time Warner and Cox. Existing studio and independent producer commitments indicate the network will fulfill these hours and expand its commitment nationally into Phase Two which will add in excess of 100 cities and approximately 20 million homes.
ASNI's business development phaseis over and the company believes established relationships with entertainment, media distribution and internet development companies will enhance the launch of its network and shows. Projected revenues for fiscal year 2005 should range between 3 to 5 million dollars (US)or 10 to 17 cents per share earning and income in fiscal 2006 will increase exponentially when ASNI's scheduled projects and Phase Two of ASNI.TV network are implemented.
Television as the dominant medium in America has taken quantitative leaps in recent years and viewers are no longer limited to a dozen or so local broadcasting stations. Even the vastly improved 64 channel cable TV systems have given way to the 500 channel digital services that have spread across the country and the DBS or Direct Broadcast Satellite services preferred by millions of viewers. Many channels are now becomming "interactive" and this is projected to literally turn TV sets into two-way communication devices.
This has made Programs-On-Demand aka "POD's" a reality.ASNI is agressively developing projects for this medium.The advent of video streaming the programs over the internet has laid the foundation for convergence or the combining of traditional television with internet services and other activities.
The rapidly expanding channels have created a varacious appetite for content. The term broadcasting has given way to "narrowcasting". No longer is a TV network all things to all people. Today, networks specialize; Golf Channel for golfers, Lifetime Channel for women, ESPN for sports fans, etc. Thus the growing demand for niche programming is creating new and lucrative opportunities for companies such as ASNI.
ASNI's mission is to be a leader in the development, production and distribution of innovative programming and infomercials of unique capacity and be a leader in interactive television providing clientele state-of-the-art video streaming on the web. Networks are categorically targeting today's audience with niche marketing, aka "narrowcasting". ASNI's focus is the promotion of special interest programs which are highly marketable and profitable with opportunity for significant long-term residual income.
Safe Harbor:Note:Included in this release are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as ammended, and Section 21E of the Securities Exchange Act of 1934, as ammended, and is subject to safe harbor created by those sections. Although the company believes such expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations reflected in such forward-looking statements will prove correct. The company's actual results could differ materially from those anticipated in the forward-looking statements as a result of certain internal and external factors.
www.asni.tv
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